| PXHI Stock | | | USD 1.10 0.02 1.85% |
CEO
Mr. Nikhil Raman is Chief Executive Officer, Chief Financial Officer, Director of usell.com, Inc. Mr. Raman was appointed as Chief Operating Officer on January 27, 2012 and a director on April 24, 2012. After graduating from Harvard Business School, Mr. Raman founded and served as Manager of Ft. Knox Recycling, LLC doing business as EcoSquid. Mr. Raman also served as Chief Executive Officer of EcoSquid from its founding through its acquisition by the Company in April 2012. From 2008 until 2010, Mr. Raman attended Harvard Business School. Since 2008, Mr. Brauser has served in many executive positions with the Company including Chief Executive Officer, President and Chief Financial Officer. since 2018.
| Age | 39 |
| Tenure | 6 years |
| Phone | 212-213-6805 |
| Web | https://www.uSell.com |
Phonex Management Efficiency
The company has return on total asset
(ROA) of
(0.1265) % which means that it has lost $0.1265 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity
(ROE) of
(2.3158) %, meaning that it created substantial loss on money invested by shareholders. Phonex's management efficiency ratios could be used to measure how well Phonex manages its routine affairs as well as how well it operates its assets and liabilities.
Phonex Inc currently holds 5.71
M in liabilities with Debt to Equity
(D/E) ratio of 4.66, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Phonex Inc has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Phonex until it has trouble settling it off, either with new capital or with free cash flow. So, Phonex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Phonex Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Phonex to invest in growth at high rates of return. When we think about Phonex's use of debt, we should always consider it together with cash and equity.
Similar Executives
PhoneX Holdings, Inc. operates as a market maker of used smartphones. PhoneX Holdings, Inc. was incorporated in 2003 and is headquartered in New York, New York. Phonex Holdings operates under Internet Retail classification in the United States and is traded on OTC Exchange. It employs 88 people. Phonex Inc [PXHI] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Phonex Inc Leadership Team
Elected by the shareholders, the Phonex's board of directors comprises two types of representatives: Phonex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Phonex. The board's role is to monitor Phonex's management team and ensure that shareholders' interests are well served. Phonex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Phonex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Phonex Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Phonex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Other Information on Investing in Phonex Pink Sheet
Phonex financial ratios help investors to determine whether Phonex Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Phonex with respect to the benefits of owning Phonex security.